Execution period: April 2023 – June 2026
Under the title “European project for DLT financing for SME digitalisation to overcome the crisis”, EBSIMarket is a project funded by the Ministry of Industry and Trade of the Czech Republic within the EU Recovery and Resilience Facility (RRF). Its objective is to create a European platform for SME digital bonds using DLT technology.
Objective
This public platform, based on the EBSI infrastructure, aims to carry out a pilot for the issuance, purchase and trading of digital bonds issued by SMEs, enabling them to obtain long-term financing by leveraging the benefits of tokenisation. The project also seeks to support the digital and green transition of this type of enterprise.
The proposal offers more favourable conditions for small and medium-sized entrepreneurs across Europe, while both institutional and individual investors will be able to invest in SME securities within a true European Single Market.
The project is being developed by an international consortium with members from six countries, led by the Czech Technical University in Prague, which has joined forces to create and implement this platform. The project began in April 2024 and has a duration of 21 months.
Alastria’s participation
Alastria contributes its expertise in ecosystem development and partner engagement for participation in the proof of concept, as well as its knowledge of DLT technology. This pilot learning phase will help the project’s creators refine the DLT/blockchain platform so it meets the real needs of European SMEs. At the same time, the participating test companies will be the first to contribute to the platform and gain valuable business, legal and technical experience in bond issuance.
Alastria is currently carrying out communication and engagement activities with partners to outline the opportunities offered by the project, with the goal of generating interest among early pilot participants and inviting them to join the initiative.
Project website: https://deussblockchain.eu/